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Business / Finance

EUR/USD: Trading scenarios

MQL5: Blogs Traders 31.01.2019 at 12:35

Blogs traders and analyst of financial markets

Held last Thursday, the next meeting of the ECB maintained its current monetary policy unchanged. ECB President Mario Draghi reported the predominance of downside risks for the Eurozone economy, including protectionism in international trade and geopolitical tensions. Previously, the Central Bank said overall balance of risk.

on Wednesday, the fed did not change its monetary policy, keeping interest rates unchanged.

the Cautious stance of the Federal reserve system and statements by its head Jerome Powell that "the arguments for raising rates have eased," lifted EUR/USD to 3-week high near the mark of 1.1515.

Powell confirmed that future policy will be "completely data dependent".

market Participants anticipate that the fed will not raise rates this year.